Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics on Nostr: Oil prices stabilize after recovering from 3-month low, investors await inflation ...

Oil prices stabilize after recovering from 3-month low, investors await inflation data and OPEC+ meeting
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#12d86ea3 ver:2.49

Oil prices stabilize after recovering from 3-month low, investors await inflation data and OPEC+ meeting. Brent crude rises to $83.16 a barrel, WTI at $78.80 a barrel. Positive economic data from China and the US boosts hopes for increased oil demand. OPEC+ meeting on June 2 expected to discuss extending output cuts. Investors focus on US inflation data and OPEC+ meeting for future monetary policy and production decisions. Strong fuel demand expected during US summer driving season. #OilPrices #OPEC #EconomicData #FuelDemand...

#newstr #OilPrices #UsFuelDemand #Opec+Meeting

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